Pershing Square Capital Management Portfolio holdings
Pershing Square Capital Management, L.P., founded in 2004 by Bill Ackman and headquartered in New York City, is a prominent American hedge fund known for its concentrated, activist investment approach, managing over $18 billion in assets as of recent years. Starting with $54 million from Ackman’s personal funds and a seed investment from Leucadia National, the firm focuses on acquiring significant stakes in a small portfolio of large-cap North American companies, often pushing for operational and governance changes to unlock shareholder value, as seen in high-profile campaigns targeting Wendy’s, McDonald’s, and Herbalife. In 2014, Ackman launched Pershing Square Holdings, a closed-end fund listed on Euronext Amsterdam and the London Stock Exchange, raising $3 billion in its IPO, providing a permanent capital base to support its long-term strategies. Renowned for bold moves—like a $2.6 billion profit betting on a market crash in 2020—and a research-intensive, value-driven philosophy, Pershing Square has solidified its reputation as a formidable player in the investment world under Ackman’s leadership.
Top Buys
| 1 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 2 |
Howard Hughes
HHH
|
$46.2M |
| 3 |
Hilton Worldwide
HLT
|
$4.92M |
Top Sells
| 1 |
Lowe's Companies
LOW
|
$579M |
| 2 |
Chipotle Mexican Grill
CMG
|
$162M |
| 3 |
Restaurant Brands International
QSR
|
$65.6M |
| 4 |
Canadian Pacific Kansas City
CP
|
$11.5M |
Sector Composition
| 1 | Consumer Discretionary | 63.73% |
| 2 | Communication Services | 12.91% |
| 3 | Real Estate | 12.09% |
| 4 | Industrials | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Chipotle Mexican Grill
CMG
$56.5B
| $2.04B | 18.86% |
953,608
-75,578
| -7% | -$162M |
|
|
2
Restaurant Brands International
QSR
$20.8B
| $1.81B | 16.73% |
23,348,135
-846,031
| -3% | -$65.6M |
|
|
3
Lowe's Companies
LOW
$145B
| $1.69B | 15.58% |
7,468,850
-2,567,264
| -26% | -$579M |
|
|
4
Hilton Worldwide
HLT
$64.9B
| $1.36B | 12.56% |
9,332,853
+33,812
| +0.4% | +$4.92M |
|
|
5
Howard Hughes
HHH
$4.53B
| $1.31B | 12.09% |
16,570,228
+585,696
| +4% | +$46.2M |
|
|
6
Canadian Pacific Kansas City
CP
$69.9B
| $1.22B | 11.27% |
15,095,528
-142,516
| -0.9% | -$11.5M |
|
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $1.13B | 10.49% |
9,377,195
+1,307,425
| +16% | +$158M |
|
|
8
Alphabet (Google) Class A
GOOGL
$2.57T
| $262M | 2.42% |
2,185,000
| – | – |
|